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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Over 22 lakh petition against GST on insurance premiums

The new GST system has brought additional burden also by taxing new areas.

6 Sept 2017 5:43 PM IST

Union minister Nitin Gadkari said development work worth Rs 5 lakh crore would be started in Maharashtra. (Phptp: Debasish Dey)

Focus on road safety, not just hefty premiums: Gadkari to insurers

The minister also asked people to take snapshots of trucks without side and back protection and vehicles with faulty...

27 April 2018 4:35 PM IST

The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules in the aviation sector to get licenses for international operations, as well as violation of Foreign Investment Promotion Board (FIPB)rules, CBI said. (Photo: PTI | Representational)

Aviation premium up 33 per cent in FY19

In FY19, total aviation premium written by domestic insurers stood at Rs 544 crore.

18 May 2019 2:19 AM IST